Phaunos Timber Fund’s net asset value rises on back of Brazilian and African assets

FourWinds Capital Management's closed-ended investment company Phaunos Timber Fund's total net asset value at the end of fiscal 2009 increased to $575m compared to $495m at the end of fiscal 2008. The company's net asset value increased to $1.07 per ordinary share at the end of fiscal 2009, compared with $0.99 per ordinary share at the end of fiscal 2008.

Tags: energy efficiency, timber

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